Romita Mazumdar, founder and CEO of Foxtale, has been recognized as the youngest woman on the Avendus Wealth–Hurun India U35 List 2026. At 31 years old, she is among the 10 youngest entrepreneurs featured in this year's list, all aged 31. According to reports from Mint, Mazumdar leads the skincare and beauty company as its founder and chief executive, making her the only woman among the Top 10 youngest entrepreneurs. She is among 23 women recognized in total, including 11 first-generation founders and 12 family business leaders.
IIT Delhi has emerged as the most represented undergraduate university in the Hurun ranking, with 11 alumni on this year's list, representing a 10% increase from the previous year. IIT Kharagpur follows with 10 entrants, while IIT Madras and University of Delhi are tied for third place with 7 each. Notable IIT Delhi alumni include Pavan Guntupalli (35), Pawan Kumar Chandana (35), Rohan Nayak (34), Abhishek Bansal (35), Ramanashu Mahaur (34) and Neelesh Garg (34). The rankings highlight the significant role of India's leading engineering institutions in entrepreneurial success.
Foxtale recorded revenue of ₹365 crore in the financial year 2025, as reported by Forbes. The Mumbai-based company has raised $56 million, approximately ₹500 crore, in total funding. Key investors include Z47, Panthera, Stride Ventures and Kose Corporation. The company operates in the consumer goods sector, which is represented by seven entrepreneurs overall in this edition.
According to Mint reports, Foxtale sells skincare products directly to customers (D2C), focusing on everyday needs including cleansers, serums and moisturizers developed for Indian consumers. The company reaches customers through its own website and other online shopping platforms, as well as quick-commerce platforms offering rapid delivery. In August, Foxtale announced Shah Rukh Khan as its brand ambassador. Women account for 12.8% of all entrepreneurs recognized in this edition of the list.
As reported by Mint, Romita Mazumdar first appeared on the list in 2025. Before starting Foxtale, she worked in finance, including investment analysis and banking. She joined A91 Partners as an investment analyst in May 2019 and continued until February 2021 in the Mumbai Metropolitan Region. Earlier, she worked at Bank of America Merrill Lynch in Palo Alto as a technology analyst from June 2017 to April 2019.
According to Mint reports, Mazumdar studied at UCLA between 2013 and 2017, covering business economics and financial mathematics. Her college activities included LA Hacks and Bruin Value Investing. Before UCLA, she studied science with economics at Delhi Public School from 2010 to 2012, serving as president of its student council and debate committee. She also chaired the National Sports Tournament in 2012.
